Avis Budget Group Inc

Incorporated in 1974, Avis Budget Group Inc. is headquartered in Parsippany, New Jersey, United States. The company operates mainly in two business segments: Car Rental and Truck Rental. Car Rental services are provided mainly under the Avis and Budget brands, with Avis targeting the premium commercial and leisure travel segments, while Budget serves cost-conscious consumers, also offering truck rentals, primarily under the Budget Truck brand. Additionally, Avis Budget Group includes Zipcar in its portfolio, an innovative car-sharing service allowing rentals by the hour or day. Globally, Avis Budget Group has a widespread presence with key markets in the United States, Canada, Europe—including countries such as the United Kingdom, France, Germany, and Italy—as well as in Australia and New Zealand. These locations stand out for the company due to their significant market size, substantial business operations, and their contribution to the company's revenues. (Powered by AI)